Suppliers: Page 4
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Courtesy of General Motors
GM, EV battery suppliers establish $150M fund to reimburse Chevrolet Bolt owners
The automaker reached a previous agreement with LG Electronics in October 2021 to cover roughly $2 billion in recall costs.
By Eric Walz • May 21, 2024 -
Retrieved from Phillips 66 press release.
Freewire Technologies on the verge of terminating operations
The EV charging supplier, which already pulled out of non-North American markets in February, is seeking funding amid financial challenges.
By Brett Dworski • May 17, 2024 -
Courtesy of Mercedes-Benz AG
Mercedes-Benz Q1 profits down nearly 30%
The automaker attributed lower volumes to product transitions and supply chain bottlenecks.
By Haley Cawthon • May 16, 2024 -
Courtesy of General Motors
Automakers get more flexibility as US finalizes EV tax credit rules
Electric vehicle makers have been racing to shift their supply chains to qualify for the credit. The latest changes give them more time.
By Eric Walz • May 8, 2024 -
Courtesy of Asahi Kasei.
Honda supplier to build integrated battery separator plant in Canada
Asahi Kasei’s 180 billion yen ($1.2 billion) factory is part of a joint venture with the automaker.
By Sara Samora • May 6, 2024 -
Retrieved from Instituto Nacional Electoral on May 01, 2024
How Mexico’s presidential candidates expect to leverage nearshoring
Modernizing border crossings, improving legal certainty and improving roads and rail networks were among the ideas candidates raised during a presidential debate.
By Edwin Lopez • May 3, 2024 -
Courtesy of Volkswagen Group
Volkswagen looks to boost tech, cut costs in China
The country’s transition to electric vehicles and growing local competition is making it harder for overseas automakers to stay competitive.
By Eric Walz • April 29, 2024 -
shaunl via Getty Images
5 auto carriers propose $180M merger
Florida-based Proficient Auto Transport is leading the roll-up of the companies, whose largest customer is General Motors.
By Colin Campbell • April 22, 2024 -
Courtesy of Ford Motor Co.
Ford, GM, Honda collaborate on standardized Scope 3 emissions reporting
A new supplier questionnaire can streamline how suppliers report on climate goals and consumption.
By S.L. Fuller • April 18, 2024 -
Courtesy of PR Newswire
Piston Automotive names new president
Jana Rosenmann joins the Southfield, Michigan-based company from automotive supplier ZF Group, where she led a division.
By Haley Cawthon • April 17, 2024 -
Tippapatt via Getty Images
Kendrion to sell automotive business to Solero Technologies
The transaction is expected to expand Solero Technologies' product offerings, geographic footprint and customer base.
By Haley Cawthon • April 17, 2024 -
Courtesy of Michelin North America
Satisfaction gap widens between EV and ICE tires
BFGoodrich, Continental, Falken, Goodyear, Hankook, Kumho and Michelin are among the top-performing original equipment tire brands, according to a J.D. Power study.
By Kalena Thomhave • April 16, 2024 -
Delmaine Donson via Getty Images
The great stagnation: Workers feel replaceable amid hiring push
A disconnect between employer perceptions and worker realities around advancement points to an opportunity for worker upskilling, a report said.
By Carolyn Crist • April 16, 2024 -
Courtesy of American Honda Motor Co.
US private equity firm buys majority stake in Panasonic Automotive
The companies expect the transaction to close by the end of the first quarter of 2025.
By Michael Brady • April 10, 2024 -
Anna Moneymaker via Getty Images
Port of Baltimore’s only unaffected terminal gets $8M grant to double auto capacity
New parking lots at Tradepoint Atlantic will allow Sparrows Point to welcome more ships after the Francis Scott Key Bridge collapse, President Joe Biden said.
By Colin Campbell • April 9, 2024 -
Courtesy of Porsche AG
Porsche and Applied Intuition to jointly develop vehicle software
The partnership also aims to help the automaker better manage and provide vehicle updates.
By Eric Walz • April 8, 2024 -
Courtesy of SteerLight
Stellantis invests in lidar startup SteerLight
The company’s solid-state lidar sensor uses low-cost silicon photonics technology and has no moving parts.
By Eric Walz • April 2, 2024 -
Tasos Katopodis via Getty Images
How auto supply chain managers can navigate the Baltimore port stoppages
Automakers and suppliers should consider alternative port assessments and review their contracts and obligations, experts say.
By Kelly Stroh • March 29, 2024 -
Retrieved from Lamar Johnson Collaborative on March 27, 2024.
BMW supplier investing $1.5B to expand South Carolina operations
AESC is adding a second battery factory at the site, which will supply the automaker's EV assembly facility in Mexico.
By Sara Samora • March 28, 2024 -
Win McNamee/Getty Images via Getty Images
Port of Baltimore halts vessel traffic after bridge collapse
The loss of the Francis Scott Key Bridge is likely to disrupt the automotive shipping hub for some time.
By Colin Campbell • March 26, 2024 -
Courtesy of GKN Automotive.
GKN Automotive to shutter North Carolina facility
The closure, part of the auto parts maker's reorganization plan, will impact 247 workers.
By Sara Samora • March 21, 2024 -
Courtesy of Lithium Americas
Biden administration boosts EV supply chain with $2B lithium loan
The money will fund processing facilities at Lithium Americas’ upcoming Nevada project. General Motors has exclusive purchasing rights to all lithium production for up to 15 years.
By Kate Magill • March 18, 2024 -
Courtesy of Continental AG
Continental CFO announces departure
Katja Garcia Vila will continue in the role until the auto supplier hires a replacement.
By Michael Brady • March 15, 2024 -
Courtesy of Panasonic Energy of North America.
Panasonic Energy, H&T Recharge sign battery can supply deal
The EV battery maker's latest transaction is part of its goal to strengthen its supply chain in North America, the company said.
By Sara Samora • March 14, 2024 -
Courtesy of Schaeffler
Schaeffler to open $230M Ohio auto manufacturing plant
The Dover facility will produce parts like electric axles for light- and medium-duty vehicles and is expected to be finished by 2025.
By Joelle Anselmo • March 13, 2024
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